Changes from 6th April 2017 have impacted on many HNWIs leaving the UK as some elections can no longer be made such as remittance basis claims. If Non Domiciled individuals have been resident in the UK for more than 15 years they will have to
restructure their assets to ensure future liabilities do not occur. These rules are complex and care should be taken in reorganising a taxpayer’s portfolio to prevent unnecessary tax liabilities. Our team will give you the correct advice on the complex tax rules which are now in force.